dra v chn, page-3

I spoke with the CFO and basically alot of Europeans bought when the stock was very low. In particular a German fund. As a rule a stock can only make up a certain percentage of that fund. When it goes over they have to as a rule sell. This is the one that sells in million lot parcels. Now not only did they make a killing on the stock but also as a currency. You might remember the $A fell off the side of a cliff. So the gains are multiplied.

To promote the stock PC is presenting OS Friday night local time so there will be a presso released on Monday along with the Yearly. Afterwhich there will be an Eastern States roadshow.

Unfortunately I had to rush the conversation so I didn't get to those bloody C-notes. I mentioned about my comparison with Chalice and the CFO said they are getting no value out of it, interms of enterprise value. They're in a great position, costing nothing but the market is giving it no added value. They're very aware that they need to unlock the value of the companies vast assets.

I am continuing to hold and when appropriate accumulate more. When that seller comes out I'm going to try and buy more as they're not selling for any reason but for a bloddy fund rule.

I hope that helps.

Cheers